Bitcoin ETFs Pulled In Near $1 Billion Last Week, So Why Is BTC Stuck Below $80,000?
Bitcoin ETFs pulled in $924 million last week, yet BTC remains stuck below $80,000 as traders eye the Fed.
Bitcoin is holding just under $78,000 as August closes.
The split was mutual, with both parties citing differing views on the future of Bitcoin mining and recent protocol developments.
August 31, 2026, 8:04 amLuke Dashjr quit OCEAN and calls Bitcoin Spamcoin. His BLAKE2b chain breaks away September 1.
August 31, 2026, 7:19 amBitcoin ETFs pulled in $924 million last week, yet BTC remains stuck below $80,000 as traders eye the Fed.
Bitcoin traded near $63,915 as U.S.-Iran escalation drove oil higher and stocks lower, while $286 million in crypto positions were liquidated.
Bitcoin (BTC) is up roughly 24% in August, its largest monthly advance of 2026. This month’s rally lifted the asset from the $60,000s to briefly over $80,000. However, three warning signs now emerge: exchange balances, exchange-traded fund (ETF) flows, and spot demand have all turned less supportive during the closing days of August.
BTC remains August's best-performing asset after the latest escalation in geopolitical tensions.
American Bitcoin mines 11 to 13 BTC daily at 49% margins, Eric Trump says, matching the miner's own quarterly filings.
Aschenbrenner's strategy highlights a shift in AI infrastructure investment, emphasizing energy assets over semiconductors, impacting market dynamics.
Japan’s yen weakened again this week despite roughly $97 billion spent supporting it over the past month. Its slide puts renewed pressure on officials to act, with potential consequences for Bitcoin.
Circle's wrapped Bitcoin was overcollateralized at its Aug.
A Bitcoin rally to around $79,000 lifted the company's 840,447 BTC roughly $2.8 billion above its cost basis, as Saylor's "We're Back" post fueled speculation that Strategy may resume buying.